This Slide: #27 of 91 |
Slide #27. Flotek Industries, Inc. — Eclipse IOR Services, LLC
Acquirer:
Flotek Industries, Inc. (NYSE:FTK)
Acquiree:
Eclipse IOR Services, LLC
Details:
Flotek Industries, Inc. ("Flotek" or the "Company') (NYSE: FTK - News) today announced the closing of its purchase of Eclipse IOR Services, LLC ("EOGA") and plans to expand its Enhanced Oil Recovery ("EOR") platform.
Flotek Industries is a specialty green chemistry and data technology company. Co. has two business segments: Chemistry Technologies (CT) and Data Analytics (DA). Co.'s CT segment provides chemistry solutions. Co. designs, develops, manufactures, packages, distributes and markets chemistry solutions that accelerate existing sustainability practices to reduce the environmental impact of energy on the air, water, land and people. Co.'s DA segment delivers real-time information and insights to its customers to enable optimization of operations and reduction of emissions and their carbon intensity.
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Strong Buy (4.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
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